Jake Farrell

📝 Article Sharing ✨ As a recruitment consultant specializing in Temporary and Contract placements for healthcare organizations, I've seen firsthand the growing demand for flexible staffing solutions in our industry. The rise in temporary and contract staffing in healthcare is driven primarily by the aging population. With more individuals reaching retirement age, the need for healthcare services is escalating, placing significant strain on our current workforce. In fact, the U.S. alone is projected to require over a million additional nurses by 2031 due to this demographic shift. Moreover, the persistent shortages in permanent healthcare staff further emphasize the crucial role of temporary and contract workers in maintaining uninterrupted service levels. Let's continue to adapt and meet these challenges head-on as we navigate the evolving landscape of healthcare staffing. #HealthcareStaffing #TemporaryStaffing #ContractWork #RecruitmentConsultant https://lnkd.in/g9XAzJyF

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⚡ Remote patient monitoring (RPM) is reshaping how we track health outside the clinic using digital technologies!! ⚡ These solutions from companies like Cardiac Insight, Inc., OptimizeHealth, and Viz.ai leverage wearable biosensors, mobile apps, and in-home monitoring devices to continuously collect data on vital signs, symptoms, and health behaviors without requiring in-person visits. This rich patient data improves access, reduces costs, and drives better outcomes through proactive care. Already used for chronic disease management, RPM from innovators like Nanowear and Current Health also puts more power in patients' hands for self-care. As adoption rapidly accelerates, key priorities include expanding access and equity across diverse populations, developing robust standards and guidelines around data privacy/security, and aligning reimbursement models to incentivize these value-based remote monitoring approaches. Check out this article on how RPM is transforming healthcare delivery: https://lnkd.in/ebK_8Rtv

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🌟 Ready for a health tech revelation? 🌟 🔬 In the world of oncology, where every second counts, the latest medical devices are not just innovative—they're life-altering. As a seasoned healthcare recruiter specializing in MedTech, I can't help but marvel at the breakthroughs redefining cancer treatment. Here's the inside scoop: 1️⃣ *Precision is Key* - Cutting-edge devices now offer unprecedented accuracy, tailoring treatments to individual patients. This means fewer side effects and better outcomes. 2️⃣ *Speed Matters* - New rapid diagnostics reduce waiting times for results from days to mere hours, enabling swifter treatment decisions. 3️⃣ *Integration Is Transforming Care* - Developers are integrating EHRs into device platforms, personalizing patient monitoring and enhancing treatment pathways. These tech trends aren't just cool gadgets; they symbolize hope for countless lives touched by cancer. And, from my critical care & informatics background, I see the palpable impact on patient safety and care quality. 👟 On the ground, at major MedTech conferences, we're witnessing these devices come to life—each promising to elevate how we confront cancer. The mission? Simple: To ensure that every innovation makes its way from concept to clinic, united by the best in the business. 🏥 Whether you're a health professional passionate about oncology, a MedTech enthusiast, or someone longing for news that brings hope, this is a transformation we're all part of. #OncologyInnovation #MedTechRevolution #PatientCareFirst 💡 Let's embrace these advancements and keep pushing the boundaries of what's possible in cancer care. Tell me, what's the most inspiring MedTech innovation you've encountered lately?

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Exciting times in med tech!🚀 The landscape of med device technology is rapidly evolving, & 2024 is no exception! From wearable tech to AI-driven diagnostics, innovations are transforming patient care in ways we've only dreamed of. *Let's dive into the top trends*: 1️⃣ Wearables are getting smarter. We're seeing devices that not only track your steps but also monitor chronic conditions in real time, alerting healthcare providers to potential issues before they become emergencies. 2️⃣ AI & machine learning are revolutionizing diagnostics. With the ability to analyze vast amounts of data, these technologies are helping to detect diseases earlier & with greater accuracy. 3️⃣ Telemedicine is becoming the norm. Remote consultations & follow-ups are not just convenient; they're now a critical component of healthcare delivery, expanding access to those in remote areas. These trends are more than just exciting tech developments; they represent a shift towards personalized & proactive patient care. Imagine the impact on patients' lives when early intervention becomes the standard, not the exception. As we continue to embrace these advancements, it's essential to ensure they're accessible to all, bridging the gap between innovation & care. What's your take on these trends? How do you see them shaping the future of patient care? Share your thoughts or reach out at floodgatemedical.com to explore how we can navigate this thrilling future together. #MedicalDevice #PatientCare #Innovation

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Financial Stability in the Face of Staffing Challenges Hospital CFOs are grappling with a significant issue: maintaining financial stability while managing escalating staffing costs. The latest discussions have pinpointed several pressing concerns: Labor Costs: Rising wages and benefits for clinical staff. Retention: High turnover rates impacting budget predictability. Cost-Effective Staffing: Balancing internal, per diem, and international hires to optimize costs without compromising care quality. Technology Investments: Allocating funds for new staffing technologies that promise long-term savings but require upfront investment. As we tackle these financial hurdles, it's crucial to find innovative solutions that not only manage costs but also enhance patient care and staff satisfaction. How is your organization navigating these challenges? #HealthcareFinance #CFOChallenges #HospitalManagement #StaffingSolutions #FinancialStability #MedPro

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Navigating Mandated Staffing Ratios: Why the Right Clinical Staffing Partner Matters Mandated hospital staffing ratios continue to be a hot topic in healthcare. Recent data highlights the importance of maintaining appropriate nurse-to-patient ratios to ensure patient safety and improve outcomes. However, these mandates also introduce significant challenges, particularly regarding workforce management and cost control. Choosing the right clinical staffing solution partner is essential in navigating these complexities. A trusted partner not only helps meet mandated ratios but also provides flexibility, expertise, and support to maintain high-quality care. The right partner can assist in strategic planning, recruitment, and retention, ensuring your staffing needs are met without compromising quality or efficiency. As the industry evolves, finding a partner who understands the unique needs of your organization and can offer tailored solutions is more important than ever. Let's work together to ensure our staffing strategies are as effective and efficient as possible, leveraging the latest data and best practices to achieve optimal outcomes.

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The Hidden Cost of Chasing Overdue Payments: How Legal Fees are Draining Healthcare Staffing Agencies Healthcare staffing agencies are facing an uphill battle when it comes to managing their cash flow. As Days Sales Outstanding (DSO) continue to climb, agencies are finding themselves in a precarious position. Not only are they waiting longer to receive payments from clients, but they're also spending a significant amount of money on legal fees in an attempt to recover overdue accounts receivable. It's a double-edged sword that's cutting into the already slim margins of healthcare staffing agencies. On one hand, they need to pursue overdue payments to maintain their cash flow and keep their businesses afloat. On the other hand, the cost of legal action is often prohibitively high, and the process can be time-consuming and unpredictable. So, what's the solution? How can healthcare staffing agencies break free from this vicious cycle of chasing payments and racking up legal fees? The answer lies in partnering with industry experts who understand the unique challenges of the healthcare staffing sector. At Healthcare Staffing 247, we've helped agencies streamline their operations, reduce their DSO, and minimize the need for costly legal interventions. By leveraging our technology-enabled solutions, agencies can focus on what they do best - providing exceptional healthcare talent to their clients - without getting bogged down in the financial and legal quagmire of overdue payments. If your healthcare staffing agency is struggling with the dual burden of extended DSOs and mounting legal fees, it's time to explore a new approach. Partnering with Healthcare Staffing 247 could be the key to unlocking a more efficient, profitable, and stress-free future for your business. Don't let overdue payments and legal fees drain your agency's resources. Take control of your cash flow and discover a better way forward with Healthcare Staffing 247. Let's connect and discuss how we can help you overcome these challenges and achieve your growth objectives. #HealthcareStaffing#CashFlowManagement#AccountsReceivable#LegalFees #DSO#StaffingIndustry#PartnershipSolutions

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According to Becker's Healthcare, a physician generates $2.4M, on average, in revenue annually. It takes between 5-10 months to fill an open specialty physician role. A single vacancy can cost a healthcare organization $1M-$2M in lost revenue. For those organizations fortunate enough to fill their open positions, Association for Advancing Physician and Provider Recruitment (AAPPR) reports it takes another 89 days for the physician to be granted privileges and begin seeing patients. The cost of losing a physician is time and money, two things hospitals can't afford to lose. A VMS can help source and manage your total workforce, not only making it easier to find physicians but also easier to retain them with a platform that works for both hospitals and physicians. Ringo delivers faster results with physicians seeing patients in just 55 days! Each physician hired through the Ringo platform generates an additional $200k in revenue for the healthcare organization in their first year. Organizations can increase annual revenue by over $2M a year for every 10 physicians hired. https://hubs.ly/Q02F7cY30

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Seth A. Fox - Employee Benefits Specialists really makes a great point, low cost and a value. Having options like this helps companies retain employees. If you have any employee benefit needs, I suggest reaching out to Seth!

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𝘽𝙖𝙗𝙮𝙨𝙘𝙧𝙞𝙥𝙩𝙨 𝙩𝙚𝙖𝙢𝙨 𝙪𝙥 𝙬𝙞𝙩𝙝 𝙇𝙮𝙛𝙩 𝙩𝙤 𝙥𝙧𝙤𝙫𝙞𝙙𝙚 𝙩𝙧𝙖𝙣𝙨𝙥𝙤𝙧𝙩𝙖𝙩𝙞𝙤𝙣 𝙩𝙤 𝙢𝙖𝙩𝙚𝙧𝙣𝙖𝙡 𝙝𝙚𝙖𝙡𝙩𝙝 𝙨𝙚𝙧𝙫𝙞𝙘𝙚𝙨 Interesting article in the Telehealth and Maternal Health space this week highlighting a recent partnership announcement between Babyscripts and Lyft to offer sponsored rides for people that are pregnant or postpartum and face transportation barriers. The partnership will identify transportation-insecure patients and offer free rides to their in-person appointments to hospitals and outpatient departments, as well as community-based healthcare services. CEO and co-founder of Babyscripts, Anish Sebastian stated: ◾ "Access is one of the biggest challenges to maternal health and infant health—and a patient’s outcomes can come down to whether or not they go to their doctor appointments" ◾ "I think our partnership with Lyft is ultimately an indication of how technology companies—big companies, like Lyft, small companies like ours … can work together in ways to improve access to care quality and lower costs" Will be interesting to see the outcome of this partnership and how it develops down the line! For the full story check out the article below 👇 #healthcare #telehealth #maternal #partnership

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How much do you pay your doctors for a clinical referral that leads to a hire? $10K, $15K, $20,000 per referral?? What if you had a data-driven AI technology that could tee-up those referrals with candidates your doctors are already connected to from school. residency training or maybe a former job. Take the guesswork out of your recruiting process with Winnow AI, and save your team money at the same time! Let me know if you'd like to arrange a demo...

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A physician #recruitment playbook is a guide your team can use to effectively deploy best practices. Helping them achieve success when #recruiting and retaining physicians who fit in with your organization’s mission and values. Download it here: #recruitment #recruit #recruiting #recruitingsoftware #recruitmentplatform #healthcarerecruitment #healthcarerecruiter #physicianrecruitment #recruitmenttechnology #recruitmentstrategy #recruitmentprocess

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Hartford HealthCare was able to increase their hires with the use of Appcast's programmatic recruitment marketing technology; 🔹 3x increase in qualified candidates within five months of partnering with Appcast 🔹 5x increase in hires for hard-to-fill nursing positions 🔹 31% decrease in cost-per-hire for the same time period “As someone who doesn’t necessarily specialize in recruitment advertising, Appcast is a lifeline”, Matt Fraser, Talent Administrator said. “We’ve seen significant cost savings just working with Appcast, and I can’t say enough about how much support our customer success team has provided. The value is immense and that’s why Appcast is the way to move forward in terms of our recruitment marketing”. “Appcast takes a really critical look at our data and tells us which vendors are working for us and where we should be investing our money”, Matt stated. “It doesn’t really matter how many applications we get if we’re not getting qualified candidates. Metrics like CPQ (cost-per-quality-applicant) let us know if we’re just wasting money”. What a great customer story... ❤️ https://lnkd.in/gWvDMuSH

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I asked ChatGPT: How will AI affect healthcare staffing over the next decade? “AI is poised to revolutionize healthcare staffing over the next decade by streamlining administrative tasks, optimizing scheduling, and enhancing decision-making processes. Through automation and predictive analytics, AI can help healthcare facilities allocate resources more efficiently, reduce burnout among staff, and improve patient outcomes. However, it's important to ensure that AI integration is done thoughtfully, considering ethical implications and the need for human oversight in critical decision-making processes.” It’s been A LOT of learning over the last couple of months. And that last parapgraph is beyond important to any prospect. Integration is key! 🔑 Coming from a family of recruiting (Bonnie Young) - I love how even AI understands a human touch will always be the upmost important in the hiring process. Love my new industry and vertical ❤️ I’m here to help recruiters be more efficient and love their jobs more! Feel free to ask how Maestro can do that for you 😎 (and our open API) https://lnkd.in/ePzzbxsm #AI #Staffing #Healthcare #HealthcareStaffing #Recruitment #AITools #Maas #AIMatching

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